WisdomTree MidCap Total Risk Alpha

EZM ETF  USD 66.77  -0.71  -1.05%   
The Total Risk Alpha indicator for WisdomTree MidCap Earnings is derived from observed market data. For broader technical screening across instruments, see Equity Screeners. Use Investing Opportunities to explore diversified allocation structure. This information is provided for contextual purposes. Tracking WisdomTree MidCap Earnings in a portfolio helps measure its contribution to overall performance. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence WisdomTree MidCap Earnings's ETF valuation — related indicators include signals in nation.
WisdomTree MidCap Earnings has current Total Risk Alpha of 0.0655. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.0655
ER[a] = Expected return on investing in WisdomTree MidCap
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on WisdomTree MidCap
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

WisdomTree MidCap Earnings is rated below average in total risk alpha against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing 72.43 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for WisdomTree MidCap Earnings sits at 72.43
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare WisdomTree MidCap to Peers

Other Technical Indicators